Brief: Hyster-Yale Materials Handling Announces Fourth Quarter And Full Year 2021 Results

Hyster-Yale

28/02/2022 21:51

Feb 28 (Reuters) - Hyster-Yale Materials Handling Inc
 HY.N :
    * HYSTER-YALE MATERIALS HANDLING ANNOUNCES FOURTH QUARTER
AND FULL
YEAR 2021 RESULTS
    * HYSTER-YALE MATERIALS HANDLING INC - ON A CONSOLIDATED
BASIS,
EXPECTS A LARGE NET LOSS IN Q1, A SUBSTANTIALLY REDUCED, BUT
STILL LARGE, NET LOSS IN Q2
    * HYSTER-YALE MATERIALS HANDLING INC SEES APPROXIMATELY
BREAKEVEN
RESULTS IN Q3 AND SUBSTANTIAL NET INCOME IN Q4 OF 2022
    * HYSTER-YALE MATERIALS HANDLING INC - FOURTH-QUARTER NET
INCOME
IS NOT EXPECTED TO FULLY OFFSET LOSSES GENERATED IN FIRST NINE
MONTHS
    * HYSTER-YALE MATERIALS HANDLING INC - QTRLY REVENUES $
829.7
MILLION VERSUS $ 719.6 MILLION
    * HYSTER-YALE MATERIALS HANDLING INC - QTRLY LOSS PER SHARE
$6.14

Source text for Eikon:  ID:nPn8XxHR1a 
Further company coverage:  HY.N